UK Stocks-Factors to watch on July 31
July 31 -Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.3%.
* HSBC: HSBC Holdings HSBA.L reported a slight decline of 0.4% in first-half profit but still beat analyst estimates and named Jonathan Bingham as its interim group chief financial officer, effective September 2.
* RIO TINTO: Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said while discussing its first-half results.
* FRESNILLO: Mexico-focused miner Fresnillo FRES.L said it was subjected to a cyber security incident that resulted in unauthorised access to certain IT systems and data.
* OIL: Oil futures rebounded more than $1 a barrel from 7-week lows after the killing of Hamas leader Ismail Haniyeh in Iran ratcheted up tensions in the Middle East, but prices stayed under pressure from concerns about weak China demand.
* FTSE: London's FTSE 100 ended lower on Tuesday, hurt by losses in the beverage sector after Diageo hit a four-year low following an annual profit miss, and by a decline in mining stocks.
* UK CORPORATE DIARY:
GSK | GSK.L | Q2 Results |
Metro Bank | MTRO.L | HY Results |
Taylor Wimpey | TW.L | HY Results |
Rathbones | RAT.L | HY Results |
Shaftesbury Capital | SHCS.L | HY Results |
Reach Plc | RCH.L | HY Results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Prerna Bedi in Bengaluru
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